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1723 Galloway Circle

1723 Galloway Circle, Barrington, IL 60010
House in Palatine
Sold Aug 05, 2021
$660,000
$410,000 by Guaranteed Rate Inc
Mortgage Due Aug 01, 2051
Sold Sep 11, 2017
$610,000
$424,100 by United Wholesale Mortgage
Mortgage Due Oct 01, 2047
1723 Galloway Circle has been categorized by the local assessors in Barrington, IL as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1723 Galloway Circle has 3,352 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 41,861 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1723 Galloway Circle sold most recently in Jul 27, 2021 for a total of $660,000. If you work out the math, that's approximately a cost of $196.90 per sqft. Before that, the property was also sold for $610,000 in Sep 5, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,274 in taxes each year. 1723 Galloway Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $53,499. If we break it down further, the land itself was valued at $12,558. Improvements to the property, however, were assessed at a total of $40,941. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 41,861
  • Total Building Area: 3,352
  • Gross Building Area: 3,352
  • Building Area: 3,352
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,352
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: INVERNESS HILLS
  • Land Acres: 0.961
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (INVERNESS) (HILLS) SUB OF NW NE SEC18 & OF WH OF SE SEC 07-42-10

Ownership

  • Current Owner : STOKER MICHAEL A
  • Current Owner 2: STOKER ELIZABETH
  • Previous Owner : SKOWRON PAWEL
  • Previous Owner 2: WISNIEWSKA SKOWRON MALGORZATA
  • Owner Before Previous Owner: JIN XIAOWEI
  • Owner Before Previous Owner 2: LIU YE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Palatine Community Consolidated School District 15
  • Census Tract: 803603

Geography

  • District: 29
  • Parcel: 02-18-210-009-0000
  • Lot: 37
  • Meridian: SEC 07 TWN 42N RNG 10E
  • Municipality: PALATINE
  • Latitude: 42.122
  • Longitude: -88.1082

    Address

  • Full Address: 1723 Galloway Cir
  • Address - House Number: 1723
  • Address - Street Name: Galloway
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Inverness
  • Carrier Code: C043
  • 4-Digit Zip Code: 5718
  • Zip Code: 60010

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,274
  • Tax Rate Code Area: 29132

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 743,003
  • High Value: 911,784
  • Low Value: 574,222

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $410,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $410,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $534,990
  • Market Land Value: $125,580
  • Market Improvement Value: $409,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,499
  • Assessed Land Value: $12,558
  • Assessed Improvements Value: $40,941

    Sales

  • Current Sale Contract Date: Jul 27, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Transaction ID: 11846337565
  • Current Sale Price: $660,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2121712189
  • Previous Sale Recording Date: Sep 11, 2017
  • Previous Sale Contract Date: Sep 05, 2017
  • Previous Sale Amount: $610,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Aug 05, 2021
  • First Mortgage Loan Amount: $410,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Sep 11, 2017
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $424,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About Inverness



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Frequently Asked Questions

What neighborhood is 1723 Galloway Circle located in?
The 1723 Galloway Circle is a house located in the neighborhood of Palatine in Inverness, Barrington.
What is the average sales price for listings in 1723 Galloway Circle?
The average sales price for units in 1723 Galloway Circle is $0 currently.

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